5123 Magnolia Palm DrDaytona BeachFL32124
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Daytona Beach at 5123 Magnolia Palm Dr, Daytona Beach, FL, 32124 listed at $354,990 pairs $2,414/mo rent with a $1,738/mo payment to leave $59/mo cash flow. Total monthly income runs $2,414/mo, and annual cash flow reaches $705/yr on $117,679 cash to close. Return on cash invested measures 20.51% in year one, and rental yield registers 8.16% at a $354,990 basis. Equity gained on principal adds $2,291/yr, and annual property appreciation at 5% supports $98,077 by year five. Five-year ROI tracks 106.63% and total cumulative return in cash totals $125,480. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,414/mo property income relative to a $1,738/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
5,329 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32124, Daytona Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,679 (100%) |
| Owner Occupied HU | 5,168 (77.4%) |
| Renter Occupied HU | 370 ( 5.5%) |
| Vacant Housing Units | 1,141 (17.1%) |
| Median Home Value | $545,550 |
| Average Home Value | $550,365 |
Housing Distribution
Address Breakdown
Residential
5,671
Single Family
5,671
Multi-Family
0
Businesses
138
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Listed by: Ben Goldstein • LENNAR REALTY
Mls Name: Stellar MLS
Mls ID: #O6360118